Jeddah, Saudi Arabia –(20/04/2025) – anb capital and Tas’helat Marketing Company, a joint venture between Saudi Aramco and TotalEnergies, have signed a Memorandum of Understanding (MoU) to launch a real estate investment fund valued at SAR 1 billion. The fund is set to accelerate the development of modern fuel stations operating under the “Aramco” brand, in strategic partnership with Energex as the fund’s designated developer.
The fund will focus on acquiring and developing land plots in prime locations across the Kingdom, aiming to build state-of-the-art service stations that meet the highest standards of quality, safety, and customer experience.
This partnership is a key milestone in Tas’helat Marketing Company’s growth strategy, enabling it to expand its fuel station network and deliver world-class services to Saudi citizens, residents, and international visitors. The initiative supports the Kingdom’s tourism objectives and Vision 2030 goals to boost investment in infrastructure and logistics services.
As the fund manager, anb capital will lead the structuring, acquisition, and oversight of fund operations. Energex, in its role as the appointed developer, will handle the full scope of design, construction, and execution of Aramco-branded fuel stations.
This collaboration demonstrates the shared ambition of all three partners to strengthen the retail fuel sector, increase national investment opportunities, and contribute to the development of modern infrastructure throughout the Kingdom.
anb capital, a leading investment firm in the Saudi financial market, is authorized by CMA with license number (07072 – 37), offers a wide array of services including asset management, brokerage, investment banking, real estate advisory, and private equity. The company serves a diverse clientele comprising institutions, corporations, high-net-worth individuals, and retail investors. In recent years, anb capital has gained significant momentum by executing strategic transactions and launching innovative investment products.